Preston Rowe Paterson . Sydney Australia

The 2014 parking space levy run by the NSW Government is broken up into two leviable district areas including the City of Sydney business districts, North Sydney and Milsons Point business districts along with Bondi Junction, Chatswood, Parramatta and St Leonards.

Originally introduced in 1992 to avert car use in business districts by placing a fee on off-street office and commercial parking space, the parking space levy is imposed on parking spaces in a leviable district (NSW Government).

A parking space is considered any space in a leviable district used or set aside for the parking of a motor vehicle regardless of whether the space is marked, not including any part of the carriageway of a road or street open or used by the public (NSW Government). There are a number of exemptions from the levy, all of which can be viewed on the Office of State Revenue website.

As mentioned above there are two categories where the levy applies;

• Category 1 – liable parking spaces within the City of Sydney, North Sydney and Milsons Point business districts liable parking spaces with a rate of $2,260 per liable parking space per annum for July 2014 (NSW Government, Office of State Revenue).
• Category 2 – liable parking spaces within the business districts of Bondi Junction, Parramatta, Chatswood and St Leonards; the rate is substantially lower than category 1 coming in at a total of $800 per liable parking space for July 2014 (NSW Government, Office of State Revenue).

All non-residential off-street parking space owners situated in category 1 and 2 must register with the NSW Government; registrations must be made soon after becoming the owner of a liable parking space (NSW Government, Office of State Revenue). Registrations can be made online via the Office of State Revenue site.

Owners of a parking space on the 1^st of July each year are required to buy pfizer viagra 100mg lodge an annual return by the 1^st of September each year. Failure to lodge payments on time will incur penalties such as interest and fines, for more information please visit the NSW Government Office of State Revenue website.

Acknowledgement of sources- Fact Sheet: http://www.osr.nsw.gov.au/sites/default/files/file_manager/ofs_lev01_0.pdf

Website: http://www.osr.nsw.gov.au/taxes/psl